Member
Posted 18 June 2019 - 08:23 PM
it seems like it should correct but who knows. i am in for the long term
you cant put wave 3 in a bottle and reverse it so it will unfold the fed
i think wont cut and gld could take off i dont have a clue but not trying to
be cute here we are going a lot higher
Member
Posted 19 June 2019 - 02:03 PM
Last gap just filled on $XAU chart from late March - now a corrective can begin - looking for the 23.6 to 38.2% FIBS on retracement (outside chance of 50% FIB), FWIW
Member
Posted 19 June 2019 - 02:59 PM
Looks like we are FINALLY getting the close over $15 on Silver...
SLV finally clears 200 day MA after big battle...
and GOLD (barrick) not backing off...looks like it may finally breach 900 day MA upside soon...after multi-year battle....weekly chart starting to look really good for bulls...
Edited by K Wave, 19 June 2019 - 02:59 PM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 19 June 2019 - 10:20 PM
divergences taken out , now even more overbought. this is the nature of a bull market. and we are in the eye of the storm, ie wave 3
getting cute w/the market will cost you. time for folks to start to chase. what # do the bears cover. me i want to see a close over 1400 my work shows 1700 or close to it before 19 is over. i expect the commodity sector to lend a nice support to the pms. 30s was the dust bowl. i have friends who are astute at following sunspot activity. and they say we are in a cooling period. yes, i am bullish. it has been 8 years of building a big base. which i believe is coming to an end and mark up is dead ahead paul tudor, dalio, etc are not the only bulls in the room 1380as i write. look for silver at some point to get a light under its butt.
dharma
the fed removed the word patient thus they are now free to lower rates. and draghi is already there.its a race to intrinsic value
Member
Posted 19 June 2019 - 10:20 PM
To that other person that posted about the commercials getting this one wrong... this move sure does make it look like it is one of the 1 in a 100 times the commercials got it wrong.... How can they be so stupid to mess this one up?
What a huge false flag on their part.
Member
Posted 19 June 2019 - 10:38 PM
Let 'er rip!
Edited by Russ, 19 June 2019 - 10:40 PM.
Member
Posted 19 June 2019 - 11:13 PM
Member
Posted 20 June 2019 - 06:06 AM
Dharma's fractal link from before... https://it.tradingvi...t/HUI/Y3U0rN7i/
Member
Posted 20 June 2019 - 06:25 AM
repost of dharma's link...
Member
Posted 20 June 2019 - 06:47 AM
off to the races...
